Daniel Li

Daniel Li

iGaming.org Writer Crypto/Sports
A day trader in cryptocurrencies and avid sports bettor himself, Daniel decided to join the team and share his expertise with the iGaming.org audience. Areas of interest are global crypto regulations and the adoption of cryptocurrency use in the world. Daniel loves to work hard and write “how to guides” related to sports betting to share his take on various topics.

EXPERTISE

  • Crypto
  • Trading
  • Sports Betting

Daniel's latest articles


New York’s Online Sports Betting Handle Hits $1.96 Billion in April

In April, New York witnessed a significant surge in sports betting activity, with the total handle reaching new heights At $196 billion, the handle soared by 273% compared to April last year and marked a 60% increase from March's figures This impressive total ranks as the fifth-highest monthly spend in the state's history Accompanying the surge..
2 years ago

US Financial Regulator Considers Ban on Political Betting Derivatives

As the US presidential elections get near, the Commodities Futures Trading Commission (CFTC) is getting closer to outlawing derivatives associated with sporting events and political races This move could possibly upset the betting environment for anyone looking to place bets on impending political events, even though its timing and implementation..
2 years ago

Indiana Sees Surge in Sports Betting Activity in April

In April, Indiana witnessed a robust betting handle totaling $3939 million, marking a notable increase of 226% compared to the previous year's figure of $3214 million However, this fell short by 214% compared to March's impressive total of $5008 million Once again, basketball emerged as the primary attraction for bettors in the state, with a..
2 years ago

California’s Sports Betting Destiny Rests in Tribes’ Hands

One thing is certain within the constantly changing sports betting scene in California: the state's tribes have a significant say in the future of this rapidly growing sector During the SBC Summit North America, a group of specialists expressed a same belief: tribes in California have a significant impact on whether or not sports betting is..
2 years ago

Bitcoin Magazine CEO Takes Center Stage in Trump’s Day 1 Crypto Plan

Amidst the bustling world of social media, a revelation surfaces on X, shedding light on a clandestine collaboration between Bailey and Trump Bailey discloses their ongoing efforts to craft a "comprehensive executive order" set to be inked on Trump's anticipated "day 1" Crypto..
2 years ago

Franklin Templeton CEO Predicts Universal Adoption for ETFs and Mutual Funds

In a recent tête-à-tête at the 27th Annual Milken Institute Global Conference in California, Jenny Johnson, the esteemed president and CEO of Franklin Templeton, reiterated her steadfast support for blockchain technology During an exclusive interview with Bloomberg's David Westland, Johnson delved into the transformative potential of..
2 years ago

Arch Labs Raises $7M for Next-Gen Native Platform

Pioneering technology startup Arch Labs has raised an incredible $7 million in early finance, led by the esteemed Multicoin Capital, in an unprecedented move This funding round is expected to support the development of Arch, a cutting-edge Bitcoin platform committed to transforming decentralized finance (DeFi) independently of third-party networks..
2 years ago

Globo and BetMGM Near Deal for Brazilian Sports Betting Operations

Brazilian media giant Globo is in advanced talks with BetMGM to enter the sports betting market in Brazil, as per reports from Sports MKT BetMGM is a joint venture between the American casino giant MGM Resorts and global betting firm Entain Globo has shown significant interest in this new venture by registering DFS Entretenimento LTDA, which..
2 years ago

Kraken Responds to SEC Lawsuit With Call for Dismissal

In the ongoing legal battle with the US Securities and Exchange Commission (SEC), Kraken has once again called for the dismissal of the lawsuit filed against it Kraken argues that the SEC has inaccurately used certain terms in its legal charges According to a recent letter from Kraken, referenced by Bloomberg, the exchange highlighted that the SEC..
2 years ago

FanDuel Introduces Free Streaming TV ‘FanDuel TV Extra’

FanDuel TV Extra, a free streaming television (FAST) channel with advertising, is the company's newest product It is intended for sports fans who want live action in addition to betting options FanDuel TV Extra markets itself as a top choice for sports enthusiasts who are eager to watch and wager on sports at the same time by offering an..
2 years ago

Agridex Secures $5M Funding to Propel Agricultural Tokenization via Solana Blockchain

With Agridex's cutting-edge technology running on the Solana blockchain, agricultural trading is seeing a seismic transformation Through the use of non-fungible tokens (NFTs), this technology makes it possible to tokenize crops, guaranteeing clear, verifiable transactions The mission of Agridex is to facilitate direct commerce between farmers..
2 years ago

BlockFi Collaborates with Coinbase for Asset Distribution Post FTX Fallout

According to a recent blog post, BlockFi, which emerged from bankruptcy following the collapse of FTX last year, announced that it will be shutting down its online platform by the end of May Although the exact timing of the closure is still being discussed, the firm has made it plain that customers will no longer be able to use the BlockFi..
2 years ago

Tether Challenges Deutsche Bank’s Concerns Over USDT Stability

A May 7 research examined the historical survival rates of currency pegs and found that they have only lasted 14% of the time since 1800 The attention now turns to stablecoins, as Bank experts voice concerns about their vulnerability to "turbulence and de-pegging events" The report said, “While some may survive, most will likely fail,..
2 years ago

Lionsgate Television Ventures into Real-Life Drama with Shohei Ohtani Series

Embarking on a riveting journey into the realm of sports scandals, Lionsgate Television has unveiled plans to develop a scripted TV series centered around the gripping narrative of MLB sensation Shohei Ohtani's interpreter Tony Award-winning producer Scott Delman and acclaimed sports journalist Albert Chen are at the helm of this ambitious..
2 years ago

NVenue and Amelco Lead the Way with NASCAR Micro-Bets

In response to fervent demands from NASCAR enthusiasts for expanded betting opportunities, NVenue has inked a groundbreaking partnership with Amelco, heralding the dawn of the industry's first NASCAR micro-betting markets This collaboration represents a significant leap forward in enhancing the betting landscape for racing aficionados The stage..
2 years ago

Cryptocurrency Mixers Brace for US Regulatory Crackdown

The cloak-and-dagger instruments of the digital currency world, cryptocurrency mixers, may soon go extinct in the US The Blockchain Integrity Act, a new legislative proposal, aims to put these services on hold for two years, which has sparked a plethora of worries about financial privacy in the dynamic world of digital assets The Ban Debate:..
2 years ago

Vitalik Buterin Plans for Ethereum’s Capacity Surge

In a recent paper, co-founder of Ethereum Vitalik Buterin argued for multidimensional gas pricing as a creative way to overcome the drawbacks of the existing commission structure As per Buterin's proposal, the Ethereum network will shift to a peer-to-peer architecture in which every computing activity, including data transfer, storage, and..
2 years ago

Canadian Financial Watchdog Fines Binance for Compliance Failures

Binance has been found to have violated numerous regulations, according to the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), underscoring the exchange's disregard for rules Binance failed to register as a foreign money services firm and failed to record significant virtual currency transactions, according to a recent..
2 years ago

Kentucky Derby Betting Observes Record-Breaking Numbers

The Kentucky Derby, dubbed the "fastest two minutes in sports," presented an exciting show for fans of horse racing over the weekend that not only captured the attention of spectators but also brought in historically high wagering totals Despite odds of eighteen to one, Mystik Dan prevailed in a thrilling three-way photo finish to round off the..
2 years ago

BetMGM CEO Warns on Prop Bets and Illegal Operators

The proliferation of sports betting across the United States has opened up legal wagering avenues in nearly 40 states However, concerns surrounding the adverse effects of excessive gambling and the integrity of sports have escalated in tandem Amid reports of athletes facing harassment from disgruntled gamblers on social media, various leagues..
2 years ago